updated 10/1/2010 9:16:57 AM ET 2010-10-01T13:16:57

DALLAS, Oct. 1, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Beacon Power Corp. (Nasdaq:BCON). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.

The full report is available at: www.microstockprofit.com/lp/BCON

Beacon Power Corp. (BCON) is a development stage company. The Company along with its subsidiaries, designs, manufactures and operates flywheel-based energy storage systems. The focus of its research and development has been to establish flywheel-based energy storage technologies that can provide energy solutions for the worldwide electricity grid. 

Message Board Search for BCON: http://www.boardcentral.com/boards/BCON

In the report, the analyst notes:

"For the second quarter of 2010, BCON reported revenue of $166,000 and a net loss of $5.6 million, or ($0.03) per share, compared to revenue of $282,000 and a net loss of $4.8 million, or ($0.04) per share, in the second quarter of 2009. Gross profit for the second quarter of 2010 was $93,000, as compared to a gross loss of $4,000 during the second quarter of 2009.  

"BCON recently announced it has signed a contract with the U.S. Department of Energy's Advanced Research Projects Agency -- Energy (ARPA-E) calling for BCON to develop critical components of a highly advanced "flying ring" flywheel energy storage system over a two-year period, beginning immediately. The contract is valued at $2.8 million. ARPA-E grant recipients share a portion of the program cost, and BCON would contribute $560,000, or 20% of the $2.8 million program total."

To read the entire report visit: www.microstockprofit.com/lp/BCON

See what investors are saying about BCON at http://www.stockhideout.com

Get breaking news on BCON at http://thestockmarketwatch.com/

MicroStockProfit.com is a small-cap research and investment commentary provider. MicroStockProfit.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on MicroStockProfit please visit: http://www.microstockprofit.com

MicroStockProfit.com Disclosure

MicroStockProfit.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. MicroStockProfit.com is a Web site wholly owned by BlueWave Advisors, LLC. Neither MicroStockProfit.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. Please read our report and visit our Web site, MicroStockProfit.com, for complete risks and disclosures.

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